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Oct 8, 2012
10/12
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KQED
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government is the largest buyer. the as a result of that one provision distorts our economy, is that it was estimated that american taxpayers pay something like a half a trillion dollars over ten years to the drug companies. those are rents. in other words, unnecessary payments that go from one party to another. >> rose: you have argued in this book, you argue, you just said it, you argue that the 1% as it gains political power, it uses it to protect itself from the market and from competitive factors. >> that's right. and you can see it in all sorts of ways. >> and to seek better tax policy that increase as well. >> tax policies, for instance, an example is speculators are taxed at half the rate of those who work for a living. and to me the sounds and is unfair but also distorts our economy. because it means we encourage more resources, human and financial resources to go into speculation rather than to wealth creation. >> rose: so what does this do to our, you talk about the moral issues and to the moral fabric. >>
government is the largest buyer. the as a result of that one provision distorts our economy, is that it was estimated that american taxpayers pay something like a half a trillion dollars over ten years to the drug companies. those are rents. in other words, unnecessary payments that go from one party to another. >> rose: you have argued in this book, you argue, you just said it, you argue that the 1% as it gains political power, it uses it to protect itself from the market and from...
WHUT (Howard University Television)
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70
Oct 3, 2012
10/12
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WHUT
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in power, the tori government of david cameron, how are they doing? >> well, the buying test, is an economic test, and by their own light they are failing it, britain is in double dip recession. >> too much austerity. >> yes, basically we are in a balance sheet recession. the private sector is deleveraging hard, export markets are really pretty slack, and for government to withdraw support from the economy as the tories have done since 2010 has really been a recipe for a double dip recession and sure enough we have got one. >> you actually have got an interesting case study, america is a much bigger economy than the uk but our two countries were dealing with the financial crisis more or less in the same way. >> yes. >> a new government came in, not just austerity but masochism that is being -- >> by each other --. there is masochism in the uk with respect to the economic, a collector austerity around europe which is related, a separate point. >> the uk laboratory has been used to test the thesis that by contracting government spending you presto expan
in power, the tori government of david cameron, how are they doing? >> well, the buying test, is an economic test, and by their own light they are failing it, britain is in double dip recession. >> too much austerity. >> yes, basically we are in a balance sheet recession. the private sector is deleveraging hard, export markets are really pretty slack, and for government to withdraw support from the economy as the tories have done since 2010 has really been a recipe for a...
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Oct 2, 2012
10/12
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KRCB
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. >> rose: how about governance? >> honestly speaking, we still have problems and challenges when it comes to governance and the international community has committed itself to assisting the afghan government in capacity building so that the afghan government can provide basic services to the afghan people and step up the fight against corruption, etc. i had a talk with president karzai recently and he agreed that we must give top priority to that. and actually he has taken some measures to fight corruption. >> rose: and he's leaving-- there's a new election in 2014. he will be departing, we assume. >> yeah. and it's for the afghans to elect their leadership. but let me add to this that we have actually seen progress in the development of afghanistan. the economic growth is around 7% to 8% annually from low level, but it's quite impressive. more people have access to electricity. we see flourishing markets. the educational system has improved. eight million children go to school. more than one-third are girls. 30% of
. >> rose: how about governance? >> honestly speaking, we still have problems and challenges when it comes to governance and the international community has committed itself to assisting the afghan government in capacity building so that the afghan government can provide basic services to the afghan people and step up the fight against corruption, etc. i had a talk with president karzai recently and he agreed that we must give top priority to that. and actually he has taken some...
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Oct 10, 2012
10/12
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WETA
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: government as a partner? >> in many cases. you know, they are -- they own the land and will be part and parcel of an ownership sometimes and they will diversify and difficult vest themselves of it. so we haven't found any difficulty. in the construction of it, we have had to really monitor it carefully to get the quality, but they eventually do reach that level of what -- >> rose: you mean things like importing marble from italy and that kind of stuff. >> they will but they want to use a lot of their own materials and their own suppliers, et cetera. so we have been able to reach the level of quality that is standard within the four systems, you know, realm of our control. >> rose: do you love the business? do you love it? >> i do. >> rose: do you get excited when you see a hotel? >> i do, because it is such a dynamic business, because you are dealing with people who work and people who use it, and the reaction you get from both of those is always a stimulating part of business and it is always different. >> r
: government as a partner? >> in many cases. you know, they are -- they own the land and will be part and parcel of an ownership sometimes and they will diversify and difficult vest themselves of it. so we haven't found any difficulty. in the construction of it, we have had to really monitor it carefully to get the quality, but they eventually do reach that level of what -- >> rose: you mean things like importing marble from italy and that kind of stuff. >> they will but they...